The sale of Dorseys tweet is part of a larger craze that rose to the headlines in March.
What is the nft craze. The current craze is around NFT being the answer to selling digital art and collectibles and many artists and celebrities have joined this exploding industry by selling their own collectibles. What The New Crypto Craze Is And What It Can Be Soon. Well an NFT is a digital certificate.
Whats Up With The NFT Craze. The Craze about NFTs. It is here where the decentralized finance Defi through its technology in this case the non-fungible Tokens NFT can revolutionize the art industry again claiming the rights of those who need it most.
ETHRocks is basically a collection of digital rocks tokenized on the Ethereum blockchain. NFT currencies make it possible to create digital ownership and create a new market for intangible assets which until today could not be traded. Non-fungible means that it is not replaceable by another of the exact same matter.
But how can an NFT claim the rights of an artist. That is digital currency or cryptocurrency and it has been around for. Just another day in crypto Fundamentally the NFT craze is being driven by a misapprehension that purchasing an NFT gives you rights to anything other than the NFT which itself has a frail at best connection to the underlying asset.
A Deep Dive. Today the NFT craze has been especially prominent in the entertainment industry. NFTs or non-fungible tokens.
The world is witnessing the beginning of a whole new genre of art and a new generation of art patrons. The item has a value that is not associated with being unique. March 17 2021 1030 AM EDT.